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Search results for: Textile

Bangladesh Textile Mills Association needs an Officer

Bangladesh Textile Mills Association needs an Officer

FE Online 2022-07-27 13:50:40

Bangladesh Textile Mills Association (BMTA) is in charge of the national textile trading activities, including research work related to textiles. Vacancy: not specified Vacancy Type: Officer (Traini...

Going green to woo foreign buyers

Going green to woo foreign buyers

Monira Munni 2017-11-29 12:00:00

Local apparel makers are banking on green technology heavily in running their factory operation to brighten the image of the readymade garment sector and the country abroad after the recent industrial...

The glooming and booming apparel retailing markets

The glooming and booming apparel retailing markets

Olivier Zieschank 2017-11-29 02:19:58

The world largest companies by market capitalisation in 2006 lost their leading position to the benefit on IT giants in 2017. The traditional industrial heavy weights, such as Exxon Mobile, General...

The link between investor and customer value for RMG companies

The link between investor and customer value for RMG companies

Bill Humphries 2017-11-29 02:12:29

The RMG industry has made a very significant contribution to Bangladesh's national economy by generating foreign exchange earnings and creating employment opportunities that reduce poverty. Various re...

RMG export to the EU: The challenges ahead of Bangladesh

RMG export to the EU: The challenges ahead of Bangladesh

Zillul Hye Razi 2017-11-29 02:05:42

About two years ago, Bangladesh Garments Manufacturers and Exporters Association (BGMEA) had set a goal to increase annual export of readymade garments to 50 billion US dollars by 2021. There is also...

New markets for Bangladesh garments

New markets for Bangladesh garments

Forrest Cookson 2017-11-29 01:54:46

This article describes the unfortunate situation facing Bangladesh garment exporters in gaining access to markets in two key economic allies, India and China. Both countries have very important econo...

Role and importance of efficient accountants in RMG sector

Role and importance of efficient accountants in RMG sector

Fauzia Haque 2017-11-29 01:40:46

Generally, we all say, finance is the heart of any company, but do we believe it wholeheartedly? Maybe the answer is "No". Why? As an argument for such an answer, it may be mentioned that in our count...

A unique platform for the global textile value-chain

A unique platform for the global textile value-chain

Christian Schindler 2017-10-30 00:00:00

The International Textile Manufacturers Federation (ITMF) is one of the oldest non-governmental and non-profit international trade organisations. It was founded in 1904 and comprises members from the...

Ethiopia: A new competitor for Bangladesh RMG export?

Ethiopia: A new competitor for Bangladesh RMG export?

Zillul Hye Razi 2017-10-30 00:00:00

During last few years, a lot of positive reports and studies were published showing Ethiopia becoming a major clothing or apparel source for the EU and US importers. In 2014, one Bangladeshi corporate...

Labour rights better now: BGMEA chief

Labour rights better now: BGMEA chief

Monira Munni 2017-10-30 00:00:00

Labour rights situation in the country's readymade garment sector has improved in recent years thanks to the mid-level managements and workers for reducing their gap, according to BGMEA president Sidd...

Stakeholder mapping, engagement  strategies crucial for RMG industry

Stakeholder mapping, engagement strategies crucial for RMG industry

Shaharbanu Ahmed 2017-10-30 00:00:00

The readymade garment (RMG) industry is the leading sector in Bangladesh in terms of foreign exchange earnings. The sector witnessed on average 16 per cent year-on-year growth since 1990 up to fiscal...

Bangladesh RMG industry needs innovation, but the risks must be managed

Bangladesh RMG industry needs innovation, but the risks must be managed

Bill Humphries 2017-10-30 00:00:00

Bangladesh's position in the RMG industry is based on its bountiful supply of cheap labour and the relatively simple technology needed to establish an RMG enterprise. Foreign investment has been impor...

Are enough actions being taken to ensure safe working conditions in RMG industry?

Are enough actions being taken to ensure safe working conditions in RMG industry?

Labiba Fairooz 2017-10-30 00:00:00

The Readymade Garments (RMG) industry in Bangladesh has been under considerable scrutiny owing to a range of high-profile disasters over the last decade. Overview of RMG Industry in Bangladesh: The h...

The American market for Bangladesh garments

The American market for Bangladesh garments

Forrest Cookson 2017-10-30 00:00:00

The single largest market for "Made in Bangladesh" garments is the United States of America. In 2016, Bangladesh exported US$5.5 billion worth of garments to the US market slightly less than the $5.6...

Inclusive business: Ladder for higher  productivity, better working condition

Inclusive business: Ladder for higher productivity, better working condition

Mehdi Mahbub 2017-10-30 00:00:00

People with special abilities, generally known as persons with disabilities, who constitute 10 per cent of the total population, are very much part of our society. Unfortunately, this huge number of p...

The evolution of Bangladesh readymade garment sector

The evolution of Bangladesh readymade garment sector

Forrest Cookson 2017-09-28 00:00:00

The readymade garment sector emerged through the establishment of several thousand factories. The following table gives the distribution of factories according to the employment size. There were 5,000...

Ensuring transparency and accountability

Ensuring transparency and accountability

Zillul Hye Razi 2017-09-28 00:00:00

The launch of a pilot phase for a four-year project in April this year to map the readymade garment (RMG) factories in Bangladesh ushered in a new chapter of accountability and transparency in the cou...

Enterprise-based training: The need of the hour of RMG industry

Enterprise-based training: The need of the hour of RMG industry

Mehdi Mahbub 2017-09-28 00:00:00

The readymade garment (RMG) sector is one of the economic lifelines of the country, but a bottleneck hampers the efficiency and productivity of the industry significantly. It is a hard fact that the i...

Effective communication -- a vital tool for building positive image of RMG sector

Effective communication -- a vital tool for building positive image of RMG sector

Riaz Khan 2017-09-28 00:00:00

The readymade garment (RMG) industry is the leading sector in Bangladesh in terms of foreign exchange earnings. It accounts for 80 per cent of total export earnings. In Bangladesh, 4.4 million people...

Encouraging investment thru' economic zones for rapid economic growth

Encouraging investment thru' economic zones for rapid economic growth

A Z M Azizur Rahman 2017-09-28 00:00:00

Investment is the prime vehicle for a country's overall development and progress, especially in the developing countries like Bangladesh. The contribution of Foreign Direct Investment (FDI) and local...

Policy support in powering accessories sector ahead

Policy support in powering accessories sector ahead

Monira Munni 2017-09-28 00:00:00

The local accessories makers meet more than 90 per cent of the country's readymade garment (RMG) sector's demand and also that of the pharmaceuticals, leather, frozen fish and agro-based industries, e...

Technology, trade, climate: Orientation in disruptive times

Technology, trade, climate: Orientation in disruptive times

Olivier Zieschank and Mehdi Mahbub 2017-09-28 00:00:00

Switzerland-based International Textile Manufacturers Federation (ITMF) is one of the oldest global organisations, which has been serving the world textile sector since 1904. This knowledge-based body...

Traditional physical security system and beyond for Bangladesh's garment & textile industry

Traditional physical security system and beyond for Bangladesh's garment & textile industry

Sha Jalal Haider 2017-08-30 21:44:30

Bangladesh has set an export target of USD 50 billion by 2021 for the readymade garment (RMG) sector. The target appears slightly ambitious and sceptical about its attainability after the Holy Artisan...

Water security is prerequisite to  economic growth, sustainable dev

Water security is prerequisite to economic growth, sustainable dev

Faruque Hassan 2017-08-30 21:43:22

Many of us may not be aware of the fact that the World Water Day is an annual event observed on March 22 as a means of focusing attention to the importance of freshwater and advocating for the sustain...

Avoid becoming a boss from  hell—don't micromanage!

Avoid becoming a boss from hell—don't micromanage!

Eric Hwang 2017-08-30 21:36:42

One of the common reasons why someone is being labelled by his/her staff members as a "boss from hell", quite not surprisingly, is micromanagement. Other descriptions associated with this "crime" incl...

Affordable health insurance scheme  for RMG workers in Bangladesh

Affordable health insurance scheme for RMG workers in Bangladesh

Jamal Uddin 2017-08-30 21:34:28

SNV Netherlands Development Organisation piloted an inclusive business project in the readymade garment (RMG) industries of Bangladesh with funding support from The Embassy of the Kingdom of Netherlan...

Facing up to reality

Facing up to reality

Forrest Cookson 2017-08-30 21:27:17

FE Photo Someone has to tell the truth.The RMG sector faces difficulties that have been growing steadily and have reached crisis levels. These difficulties must be faced and remedied. Otherwise, the...

Opportunity coming Kenya's way in global garments trade

Opportunity coming Kenya's way in global garments trade

Mehdi Mahbub 2017-08-30 21:24:42

Kenya is rapidly becoming one of the biggest players in the world's textile manufacturing industry, and is tipped to be one of the next centres for apparel sourcing in East Africa alongside Ethiopia.F...

Sustaining RMG industry growth

Sustaining RMG industry growth

Md Ridwanul Huq 2017-08-30 21:22:47

The RMG industry has been at the helm of Bangladesh exports for over the years and a significant contributor to GDP. This industry has, till date, absorbed an estimated 4.4 million people, of whom 80...

How serious is it for Bangladesh's RMG export?

How serious is it for Bangladesh's RMG export?

Zillul Hye Razi 2017-08-29 12:00:00

Export of 'Made in Bangladesh'-tagged garment items to the European Union (EU) or its duty-free access under a relaxed rule of origin unilaterally given by the EU through GSP for the LDCs may be facin...